HILL PARK RESIDENSI

Seberang Perai Tengah, Penang · Freehold · 36 transactions

Median Price

RM924K

RM872K – RM1.20M

Median PSF

RM341

RM321 – RM425

Transactions

36

2021-09 to 2024-08

Size Range

2088 – 3498

sq.ft (built-up)

Detached (34)2 - 2 1/2 Storey Terraced (2)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for HILL PARK RESIDENSI

Investment Return

Earliest PSF (2021)

RM342

Current PSF (2024)

RM341

Capital Gain

-0.3%

Total Return (est.)

3.9% p.a.

Capital appreciation (3 years)-0.3%
Annualised capital return-0.1% p.a.
Est. gross rental yield4.0% p.a.
Est. total return (capital + rental)3.9% p.a.
vs Fixed Deposit (3.5% p.a. x 3yr)+1.2%

*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.

Unit Mix Breakdown

SizeTransactionsMedian PriceMedian PSF
2,100 sqft2RM680KRM326
2,650 sqft3RM900KRM341
2,750 sqft24RM900KRM328
3,250 sqft3RM1.50MRM458
3,400 sqft2RM1.70MRM501
3,500 sqft2RM2.00MRM572

Market Verdict

PSF Trend: Stable

PSF moved from RM342 (2021) to RM341 (2024)

Liquidity: Moderate

36 transactions over 3 years (~12/year)

2% below Seberang Perai Tengah average

This project: RM341 PSF vs Seberang Perai Tengah median: RM350 PSF

Est. Total Return: 3.9% p.a. (beats FD)

Capital loss (-0.1% p.a.) + rental yield (~4% p.a.)

Verdict

HILL PARK RESIDENSI delivers a moderate estimated total return of 3.9% p.a. — comprising -0.1% capital depreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Seberang Perai Tengah average, suggesting fair market pricing. Best suited for long-term holders, those who value liquidity.

Investment return & market verdict

ROI since launch, unit mix, rental yield, area comparison

Transaction History

Showing 5 of 36
DateTypeTenureSize (sqft)PSFPrice
Aug 2024DetachedFreehold2,745RM310RM850K
Jul 2024DetachedFreehold2,745RM386RM1.06M
Jul 2024DetachedFreehold2,745RM342RM938K
Jul 2024DetachedFreehold2,745RM361RM990K
May 2024DetachedFreehold2,745RM337RM925K

31 more transactions hidden

Full Report Includes

Complete NAPIC transaction data with trend analysis — RM69.90 per report

Investment ROI

Capital gain + rental yield since launch

Market verdict

Trend, liquidity, and area comparison

Unit mix breakdown

Price & PSF by unit size

All transactions

Full table of 36 records

3 interactive charts

Scatter, price & PSF vs Seberang Perai Tengah & Penang

Percentile breakdown

25th, 50th, 75th price & PSF

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